Nine Steps to Buying a Home or Real Estate in Arvada, Brighton, Broomfield, Denver, Golden, Highland/Sloan's Lake, Highlands Ranch, Lakewood, Littleton, Louisville, Longmont, Thornton, Westminster, Wheat Ridge, Adams County, Denver County, Douglas County & Jefferson County

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Nine steps to buying a home or real estate in Arvada, Brighton, Broomfield, Denver, Golden, Highland/Sloan's Lake, Highlands Ranch, Lakewood, Littleton, Louisville, Longmont, Thornton, Westminster, Wheat Ridge, Adams County, Denver County, Douglas County & Jefferson County

Step - 1 Make the Decision to Buy

It seems obvious, but it's good to note that the first step to buying a home in the Denver metro area is making the decision to buy. Consider the reasons you want a new home and write them down. How long you plan on living in the home? Can you afford a home that will meet your list of requirements? A good rule of thumb is your mortgage payment should not exceed 1/3 of your net monthly income.

Step 2 - Seek Professional Guidance

As a licensed real estate broker with Anthony Rael & Associates - Metro Brokers Arvada-Northwest, I am available to discuss any real estate matter FREE of charge & without obligation. Call 303-520-3179 to schedule a time to meet so I can understand the reasons you want to buy a home and your plans for the future. We'll talk about neighborhoods, schools, economic factors that are liable to affect the market today and tomorrow, as well as how you would like your home and neighborhood to grow with you.

During our consultation, I will also help you get pre-qualified for a mortgage loan. Pre-qualification is a written statement from a loan officer indicating his or her opinion that you will be approved for a mortgage loan up to a certain amount. The fact that you are pre-qualified will help us when we are negotiating the deal.

Step 3 - Begin the Hunt

After our initial meeting, I'll begin searching all available resources for homes on the market that fit your criteria. I'll preview these homes in advance to weed out the bad ones. Then, I'll schedule appointments to tour the homes at times which are convenient to you.

As we tour homes, I'll point out the positive features and negative features. I'll ask you to tell me what you like and what you don't like. This process will help you rethink your "wish list" as we tour homes because some things will become more important and others less important. With this new information, I'll refine my search criteria to narrow in on the home of your dreams.

Step 4 - Know the Market

As a Denver Colorado native of 43 years, my knowledge of the area is an essential factor in the search for your new home. I will let you know when the market in a particular neighborhood is "hot" and requires immediate action or when the market is "cool" and allows more time to consider.

As we tour various homes, I'll let you know when the asking price has negotiating room and when the house is "priced to sell". My unique market knowledge and negotiating skills will keep you a step ahead of the "house hunting competition".

In a "seller's market". It is not unusual to see multiple offers on a property, full-price offers and even above-price offers. On the flip side, during a "buyer's market" there are more homes for sale than buyers. This gives us more negotiating room as homes are taking longer to sell.

Step 5 - Finding Your Dream Home

I'm confident we'll find your dream home and when we do, I'll put together a purchase offer tailored for your exact needs including appropriate contingencies (such as obtaining financing, home inspections, clear title, etc.).

The purchase offer is normally presented with "earnest money". This is a cash deposit made to a home seller to secure an offer to buy the property. The amount is applied to closing costs. If the seller accepts the offer, generally closing is held 30 to 60 days from the offer date (generally dependent on the turn around time of your mortgage financing).

Step 6 - Negotiate the Deal

It is not uncommon to receive a counter offer once our initial purchase offer is submitted, so don't let this discourage you. We will discuss the counter offer and decide whether or not to accept the counter offer, submit our own counter offer, or reject the counter offer and find another home.

Market conditions will play a role in how aggressively we negotiate the deal. We will also work within your limits. Emotions can lead to buyer's remorse. It is better to set limits prior to negotiating an offer and stick to these limits.

Step 7 - Securing a Loan

During the closing period, you will be working closely with a mortgage lender/broker of your choice to close the loan as quickly as possible. Since you pre-qualified for the loan before starting your home search, you will be that much closer to the end. I'll gather the necessary property information your lender will need to close the loan.

Step 8 - Closing the Deal

You will receive a "Good Faith Estimate" of closing costs at the time the loan application is submitted to the lender. The estimate is based on the loan officer's past experience and may not include all the closing costs. I will be glad to review the "Good Faith Estimate," answering questions and highlighting missing costs and estimates.

Step 9 - Move In

Congratulations! It's time to move into your new home. Enjoy this exciting time. I'll provide you a checklist to help you remember the numerous details that will make your moving day a pleasure.

* THE BENEFITS OF OWNING A HOME *

If you would like to sit down for coffee and discuss the Denver Real Estate market, just call me anytime at 303-520-3179.  Anthony Rael, Metro Brokers Arvada-Northwest offers professional & trustworthy real estate services to buyers & sellers throughout the Denver metro area including Arvada, Brighton, Broomfield, Denver, Golden, Highland/Sloan's Lake, Highlands Ranch, Lakewood, Littleton, Louisville, Longmont, Thornton, Westminster, Wheat Ridge, Adams County, Denver County & Jefferson County.

Leverage my life-long knowledge of the Denver Metro area - from homes, condos, lofts or investment properties, new homes builders, schools & local amenities to reliable & trustworthy business partners like mortgage brokers & home contractors to maximize your investment, secure your future and realize the home of your dreams.

If you're thinking of buying, selling or relocating to the Denver Metro area,
call Denver Realtor Anthony Rael at (303) 520-3179

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Anthony Rael is a Denver Real Estate Agent & REALTOR® with Metro Brokers Arvada-Northwest specializing in Denver Homes for Sale, Relocation to Denver Colorado, First-time Homebuyers, Home Property Values, Residential Home Sales and New Home Communities throughout the Denver Metropolitan area. Use Anthony's Denver real estate website to search for Denver area real estate and other properties along the Denver, Boulder and  Front Range area including single family homes, condos, town homes, lofts, short-sale properties, foreclosed properties, bank-owned properties, HUD and investment properties throughout Colorado. Learn more about Denver metro area cities & communities including Arvada Real Estate, Applewood, Brighton Homes for Sale, Broomfield Homes for Sale, Denver Homes for Sale, Golden Homes for Sale, Highlands Ranch Homes for Sale, Lo-Do, Lakewood Homes for Sale, Littleton Homes for Sale, Longmont Homes for Sale, Louisville Homes for Sale, Northglenn Homes for Sale, Thornton Homes for Sale, Westminster Homes for Sale & Wheat Ridge Homes for Sale, Colorado.  Anthony Rael & Associates is a full service real estate brokerage firm serving Adams County, Denver County and Jefferson County buyers & sellers. Anthony Rael is a Realtor® licensed to practice Real Estate in the state of Colorado.  Buying a home, selling a home or relocating to the Denver Metro area?  Use Anthony's website to learn more about Denver - the Mile High City, search Denver home listings, find your dream home & take advantage of the homebuyer & homeowner tools!  Denver Colorado real estate expert, Arvada Realtor, Brighton Realtor, Broomfield Realtor, Golden Realtor, Highlands Ranch Realtor, Lakewood Realtor, Littleton Realtor, Thornton Realtor, Westminster Realtor, Wheat Ridge Realtor, Adams County Realtor, Denver County Realtor, Douglas County Realtor, Jefferson County Realtor. Find Denver Real Estate Denver Houses For Sale Denver Relocation or Denver Colorado Real Estate Homes For Sale and take advantage of my homebuyer & seller resources & tools or search for Denver area real estate homes for sale at http://metrobrokersonline.terabitz.com/agents/Anthony.Rael

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Anthony Rael - Metro Brokers Arvada-Northwest.  Call Denver Real Estate Agent & Denver Relocation Specialist at (303) 520-3179